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Navigating the process of buying a new home in Weston, TX while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Weston, TX or getting it ready for the market.
Identify the new home you want to buy in Weston, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Weston, TX often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Weston, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weston, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Weston, TX do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Weston, TX may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Weston, TX provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Weston, TX to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans offer a convenient financing option for individuals looking to purchase a new home before selling their current one. In Weston, Texas, these loans provide the flexibility to secure a new property without the stress of timing constraints. Demographically, Weston is a charming small town located in Collin County, Texas. With a population of around 563 residents, it offers a tight-knit community feel where neighbors come together to support one another. The housing market in Weston is experiencing steady growth, making it an appealing location for both buyers and sellers. The average home price is $400,000, with a variety of housing options ranging from spacious ranch-style homes to modern townhouses. While in Weston, make sure to visit some of its main attractions, such as the Weston Gardens, a peaceful botanical garden perfect for a relaxing afternoon. The historic Weston Community Center is also a must-see, hosting local events and gatherings for residents and visitors alike.
The Benefits of Bridge Loans in Weston, Texas
